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Month: November 2024

Trump’s Second Term Presents Opportunities, Poses Risk to Auto Industry, Says Top Toyota Exec

Trump’s Second Term Presents Opportunities, Poses Risk to Auto Industry, Says Top Toyota Exec

After scoring a major win in the election this week, President-elect Donald Trump is widely expected to move quickly on a broad agenda when taking office next January. He has made it clear this will include a number of issues critical to the auto industry, including tariffs and EVs. That presents some significant opportunities for manufacturers, but also poses quite a few risks, said a senior Toyota executive who spoke to Headlight.News shortly after Trump’s victory was confirmed.

Toyota Earnings Hit by Sales, Quality, Production Issues

Toyota Earnings Hit by Sales, Quality, Production Issues

In a rare and unexpected setback, Toyota suffered a 20% dip in its operating profit for the most recent quarter, the automaker hit by a variety of problems including recalls and quality snags that delayed the launch of the new 4Runner. But a senior U.S. official said the Japanese giant expects to get back on track in months ahead.

Automakers Flock to SEMA Show to Display Latest Aftermarket Wares

Automakers Flock to SEMA Show to Display Latest Aftermarket Wares

One area that often gets lost in the shuffle for automakers is their aftermarket business. However, each year they all converge on Las Vegas for the annual SEMA show to show off what consumers can buy to make their vehicles go faster, be louder, ride higher or go more places. Headlight.News offers a sampling of what you can find at the show.

Politics Becoming Less of a Factor in Who Buys – or Rejects EVs

Politics Becoming Less of a Factor in Who Buys – or Rejects EVs

Among all the divisive issues that the 2024 presidential race has brought to the fore you can add battery-electric vehicles. Studies have shown a clear divide between Democrats and Republicans when it comes to EVs – but a new study suggests that, going forward, who you vote for might have less of an influence on whether you go electric in the future.

Jeep Slashes Prices on Wagoneer, Grand Wagoneer to Counter Weak Demand

Jeep Slashes Prices on Wagoneer, Grand Wagoneer to Counter Weak Demand

Been eyeing one of the Jeep Wagoneer or Grand Wagoneer models but turned off by the high price tag? Then you’ll likely appreciate the automaker’s decision to slash prices by as much as $7,000 on new 2025 models – though you also can expect retailers to start offering good deals on leftover 2025 SUVs.